Vale S.A.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2015 | 19.8% | -26.6% | -51.9% |
| FY2016 | 35.8% | 25.7% | 14.5% |
| FY2017 | 38.1% | 32.2% | 16.2% |
| FY2018 | 39.6% | 32.7% | 18.8% |
| FY2019 | 47.2% | 10.7% | -4.6% |
| FY2020 | 55.6% | 32.4% | 12.3% |
| FY2021 | 60.1% | 50.8% | 41.2% |
| FY2022 | 45.2% | 39.3% | 42.9% |
| FY2023 | 42.3% | 34.0% | 19.1% |